The blockchain ecosystem gets shaken up with Symbol, the NIS1 evolution.

Interview with David Shaw, CEO of NEM Group, published originally on March 12th, 2021, on Bizgate (translated from Japanese).

NEM (New Economic Movement) is a project that seeks to create a new, decentralized, economic world using state-of-the-art blockchain technology. Its new platform, called Symbol, is a secure, efficient, and fast value-exchange network to fulfill a wide range of companies’ needs while working on its final goal — creating a new economy.

On March 17th, 2021, Symbol was launched as the next generation of blockchain technology. Right before the launch date, we caught up with Symbol’s CEO, David Shaw, to learn more about the NEM Group’s philosophy and where Symbol fits in.

You can also watch a video version of the interview here.

A world with a blockchain-enabled new economy offers countless opportunities for business. And since most of these opportunities are still emerging, it’s not a race for market-domination — all players have room to grow. We’re all working together to develop blockchain in our unique way. It’s the pioneer’s era for blockchain.

Unlike traditional IT systems or the current Internet, the blockchain world will be completely decentralized. This model will allow the ultimate economic activity democratization, allowing everyone to exchange value on an equal basis.

NEM Software provides a range of solutions to companies to effectively use cryptocurrencies and blockchain technology. We are also undertaking our R&D to develop NEM’s services even further.

NEM Trading, as the name suggests, trades cryptocurrencies in the token marketplace. Through partnerships with fintech innovators, we’ve been promoting the use of XEM, the NIS1 blockchain cryptocurrency. We will also simultaneously promote XYM, a new cryptocurrency available once Symbol is launched as the next generation blockchain on March 15th.

NEM Ventures invests and nurtures startups that are or will be operating with blockchain technology. 

These three companies have complementary roles — the NEM Group bases these organizations’ premise on promoting blockchain development in a multifaceted and robust way. And since Japan is a significant part of all the NEM Group’s business activities, we focus on our Japanese users’ needs. That’s why we will be working on Symbol and NIS1 simultaneously to ensure its penetration into the Japanese market.

Symbol is available for both public and private use. It builds on the strengths of NIS1 and dramatically increases its flexibility, speed, ease of use, and security, making it ideally suited to businesses’ needs, including non-financial companies.

Of course. Our equity partner Wave Financial, a fintech solutions provider focused on SME businesses, has launched a bourbon whisky investment fund based on Symbol. The customer is a prestigious Bourbon whiskey producer in Kentucky, USA.

In recent years, whisky has become an investment. The whisky value can vary from year to year, depending on how good or bad the whisky is. Investors buy whisky by the cask, hoping that the price will rise when the whisky has matured for 10 or 20 years. By selling some or all of the whisky they have just made, the maker can gain working capital and, at the same time, hedge against price fluctuations.

Wave Financial plans to recruit investors to the fund and use their stake to buy casks for the distillery. The fund will have a quota of 25,000 units, which is about a year’s production worth. In turn, the investors will buy the whiskey’s value in the form of tokens, which they can hold and buy or sell at any time.

That’s right. Last year, the Bank of Lithuania began selling in NEM blockchain LB Coin, the country’s central bank digital currency (CBDC) — arguably the first of its kind in the world. 

Like in an earlier example for the whisky investment fund, we applied blockchain to market research for a sportswear giant. The client company had been paying tens of millions of dollars worth of market research every year to understand consumers’ preferences in different countries. Now, thanks to the use of blockchain, they no longer need to — sportswear manufacturers can gather information directly from consumers.

Consumers take part in the blockchain-enabled surveys by registering their preferences, such as color and style. The manufacturer economically rewards consumers for their participation. Consumers earn money by providing information, and manufacturers learn first-hand about market trends. Costs are also reduced as there is no need to go through a market research company.

As you can see, the NEM Group is taking on the challenge of adapting the blockchain to different companies’ needs, including the non-financial companies.

Thanks to Bitcoin’s price corrections on the 22nd, the last few days have been very bearish for most of the crypto-market. However, while the world’s largest cryptocurrency has been consolidating above $54,000 since, the same wasn’t true for the market’s altcoins, with the likes of Chainlink, UNI, and NEM continuing to lose value on the price charts.

It’s worth noting, however, that if Bitcoin surges again, the aforementioned alts’ price fortunes could change quickly.

Chainlink [LINK]

Chainlink, the cryptocurrency ranked 11th on CoinMarketCap, has been very inconsistent on the price charts since it hit its ATH a few weeks ago. In fact, while for a long time LINK took pride in moving independently of Bitcoin, of late, its movement has been dictated by BTC’s, with the same being the case over the last few days.

When BTC fell, so did LINK, with the alt dropping by over 9% in the last 48 hours. At the time of writing, LINK was once again trading at a level last seen in the first week of March.

While the Parabolic SAR’s dotted markers were well above the price candles and underlined the bearishness in the market, the Awesome Oscillator pictured the market’s momentum dipping into the negative territory.

The altcoin’s movements have been in line with those projected by a recent analysis, with the same predicting that LINK was likely to be pulled in one direction soon. Despite the said corrections, however, LINK can be expected to turn bullish again owing to a host of other factors.

Uniswap [UNI]

Uniswap [UNI], the crypto-market’s biggest DeFi token, has had a good few weeks and months, with UNI registering its ATH on the charts just under 48 hours ago. Since then, however, UNI has been on a downtrend, one spurred on by the general market’s bearishness. In fact, after registering an ATH of $35,88 on the charts, at press time, the alt had fallen by almost 13%.

The sharp drop in trading value was accompanied by an even sharper hike in trading volume.

UNI’s indicators flashed some interesting signs, but they weren’t credible enough to warrant talks of a trend reversal. While the mouth of the Bollinger Bands was widening to indicate some near-term volatility, the Relative Strength Index was pointing north towards the point of equilibrium.

With Uniswap V3 expected to release on the Ethereum mainnet sometime in May, UNI’s price action is likely to profit as soon as the correction wave passes.

NEM [XEM]

Following the 37.5% depreciation on the anniversary of Black Thursday, XEM’s price action has been very rangebound on the charts, with the altcoin a long way away from regaining its losses. In fact, if anything, the alt seemed to be heading in the opposite direction, with XEM falling by over 7.5% since the 22nd after Bitcoin registered corrections.

The cryptocurrency’s technical indicators didn’t leave room for a lot of optimism either as while the MACD line was intertwined with the Signal line, the Chaikin Money Flow, despite pointing north, was still below zero.

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Jibin is a news editor at AMBCrypto. With over three years of experience as a political writer, he primarily focuses on the political impact of crypto developments. A graduate in Law and International Relations, his writing is by and large focused on cryptocurrencies from the political and financial perspective. A Liverpool FC fan. YNWA

NEM (CURRENCY:XEM) traded up 3.7% against the U.S. dollar during the 1-day period ending at 13:00 PM ET on March 29th. One NEM coin can now be purchased for about $0.38 or 0.00000658 BTC on cryptocurrency exchanges. During the last week, NEM has traded down 1.2% against the U.S. dollar. NEM has a market capitalization of $3.44 billion and $266.95 million worth of NEM was traded on exchanges in the last day.

NEM Profile

NEM is a proof-of-importance (PoI) coin that uses the ProofofImportance hashing algorithm. Its launch date was March 31st, 2015. NEM’s total supply is 8,999,999,999 coins. The Reddit community for NEM is /r/nem and the currency’s Github account can be viewed here. The official message board for NEM is forum.nem.io. The official website for NEM is nem.io. NEM’s official Twitter account is @NEMofficial and its Facebook page is accessible here.

According to CryptoCompare, “Consensus Mechanism: Proof-of-ImportanceGenesis Date: March 31st, 2015Block Time: 1 minuteAvailable/Total Supply: 8,999,999,999 XEMBlock Reward: N/A (transaction fees only + node rewards) XEMXEM is the native currency of the NEM public blockchain. It is used to pay for transactions on this public blockchain in order to incentivize its network of public nodes that process and record transactions for businesses and users there. This means that XEM has real fundamental value as the currency of a functioning economy.HarvestingHarvesting is closely similar to mining in other cryptocurrencies, but it uses unique methods called Proof of Importance and Delegated Harvesting to determine who harvests the next block. Harvesting is necessary to keep the network online and to confirm transactions.Supernode ProgramSupernodes are high performance blockchain nodes which form the backbone of the NEM blockchain network. Accounts with 3,000,000 or more XEM can operate a supernode, either from a local computer or from a cloud-hosted server. Supernodes are required to be up and running 24 hours per day, processing all transactions.CatapultCatapult is a full-featured blockchain engine that can power both private and public networks with its unique smart contract plugins. These plugins enable bulletproof digital asset creation, decentralized swaps, advanced account systems and business logic modeling.In its next phase, Catapult will become the core NEM engine. Public chain Catapult has been in testing for three years to thoroughly troubleshoot bugs and implement features. Its expected release is in 2019.Proof-Of-ImportancePOI is the consensus algorithm used in NEM to determine who will calculate the next block. An account's importance is determined by how many coins it contains and the number of transactions made to and from that account. POI is different from other initiatives which use a fee-sharing model that does not take into consideration one's overall support of the network. In some proof-of-stake systems a person only needs to have large amounts of coins to form a block; however, in NEM the transaction amount as well as support of the network become a factor. This has been designed to encourage users of NEM to not simply hold NEM but instead actively carry out transactions within the NEM ecosystem.You can read more about NEM’s tech in the Technical Reference.     “

Buying and Selling NEM

It is usually not possible to buy alternative cryptocurrencies such as NEM directly using US dollars. Investors seeking to trade NEM should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy NEM using one of the aforementioned exchanges.

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The NEM Group — creators of the NEM NIS1 blockchain and XEM cryptocurrency — is launching today a new proof-of-stake public blockchain, Symbol, and native cryptocurrency XYM on the network. 

The Symbol blockchain, which was four years in the making, is an enterprise-grade blockchain that has emerged amid the growing trend towards interoperability and tokenization.

The new Symbol blockchain will run in parallel with the NIS1 blockchain, which was launched in 2015. 

“We’re looking to encourage interoperability and collaboration with the other blockchains. We’re not competing against them,” said David Mansell, chief operating officer at the Gibraltar-based NEM Group, in an interview with Forkast.News. “We want Symbol to be known as the chain to underpin what we call the new economy — using technology to create a fairer society that is more inclusive and accessible.”

The Symbol platform supports interoperability, with a hybrid chain architecture that allows users to deploy public and private chain use cases and trustless data flows across chains. Its application programming interfaces (APIs) is designed to facilitate easy integration with other systems and processes, and its on-chain, multi-layer, multi-signature accounts feature will enable companies to manage delegated financial authority requirements and streamline processes such as payroll, according to the NEM Group.

Symbol users will be able to create specialized digital assets, beyond tokens, to represent shares of stock, signatures, votes, non-fungible tokens (NFTs) or other currencies on the blockchain.

“It’s going to be a disruptor of many industries, not just the finance industry, although that will likely be the main focus to start with,” Mansell said. “It is more accessible and allows everyone in the world to participate in this new digital economy.”

See related article: Guide to tokens and NFTs: what is ‘tokenization’ and how does it work?

An example of turning real-world assets into tokens is the Kentucky Whiskey Digital Fund — a security token issuance by regulated digital asset manager Wave Financial that will allow investors to purchase asset-backed tokens, created on NEM’s Symbol blockchain, linked to an estimated inventory of four million bottles of bourbon.

The value of whiskey can appreciate significantly — typically three to five times over five years — during its aging process, and tokenizing its ownership can give investors access to the illiquid asset without the hassle of buying barrels of whiskey. “Giving that accessibility and creating a secondary market means I can trade in and out of that token on my own. And I’ve just made a ‘liquid’ illiquid asset liquid again,” Mansell said.

According to BNP Paribas Securities Services, regulatory uncertainty is, at present, one of the biggest obstacles hindering the development of tokenization.

Cross-functional partnerships to cover technical and regulatory areas, Mansell says, can open the market into tokenization. Symbol’s ecosystem includes partners such as Wave Financial, which it has invested in, and Propine, a Singapore-based regulated issuance and custody platform for security tokens.

See related article: NFT mania: Are blockchain art and NBA crypto collectibles a fad or the future?

“What we are at NEM is an ecosystem,” Mansell said. “We want to be associated with professional partners, regulated, to the right degree, in the right jurisdictions, for people to find it easy to come and participate in this new economy. We are determined to be the enabler to that.”

See related article: How tokenization via blockchain can digitize assets and open up investment opportunities

The world’s first central bank-issued blockchain-based digital collector coin — LBCOIN — will transfer from NIS1 to Symbol to leverage its enterprise-grade functionality.

LBCOIN consists of six digital tokens and one physical collector coin. Collectors who had purchased LBCOIN received six digital tokens that they could exchange for a physical collector coin, store at the LBCOIN e-shop, send as a gift, swap with other collectors or transfer to a NEM public blockchain network (NEM wallet). 

“Digital money is inevitable in digital economy. Today, LBCOIN is what allows people in Lithuania and around the globe to test new technologies in a safe environment, e.g. go through all authentication procedures remotely, open an e-wallet, swap digital tokens with other collectors or transfer them to the public NEM network,” said Marius Jurgilas, member of the board of the Bank of Lithuania in a news release last July announcing LBCOIN’s launch. “At the same time, this also allows us to get the know‑how in issuing central bank digital currencies, which in turn should benefit the central bank community and the euro area as a whole.”

The Bank of Lithuania has issued 4,000 LBCOINs — or a total of 24,000 digital tokens and 4,000 silver collector coins — on NIS1. 

See related article: 4 central banks and BIS exploring CBDC bridge for Asia and Middle East

With the public chain launch of Symbol, the NEM ecosystem will now comprise two blockchains — NIS1 and Symbol. The NIS1 original code is being reviewed, updated and will be open-sourced. “NEM is a decentralized ecosystem. No one has the right, nor control, nor the power to decide whether NIS1 continues to live on or dies. That is the beauty of decentralization” Mansell said.

The price of XEM, the native cryptocurrency of the older NIS1 blockchain, was volatile in the lead-up to Symbol’s launch and fell over 40% from US$0.59 to US$0.33 on Mar. 12, the day of snapshot — a predetermined moment (at a block height of 3,105,500) when users’ XEM balance on NIS1 was recorded for an allocation (“air-drop”) for the new XYM tokens — as investors who had bought XEM to get an allocation of the new XYM sold XEM after the snapshot was complete. 

“Coins always pump before airdrop snapshots, and usually correct afterwards,” commented a user with the username “u/Findjin” in a forum about NEM on the online social network Reddit. 

Previously top 10-ranked cryptocurrency by market cap, XEM now ranks at 31, trading at about US$0.37, with a market cap of US$3.3 billion as of publishing time. XEM started the year trading around US$0.20.

See related article: How blockchain is transforming the investing and securities industry

Beyond use cases, NEM is also looking to expand its geographical footprint. NEM enjoys strong support in Japan and has plans to also grow its community in South Korea and China, Mansell said.

More recently, NEM announced a partnership with Nikkei Sangyo Kokokusha, part of the Nikkei Group, to support the launch of Symbol. Earlier this month, NEM also announced that it had joined the Blockchain Collaborative Consortium (BCCC), an industry group promoting blockchain in Japan.

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The team behind the New Economy Movement blockchain, the NEM Group, have launched a new, business-enterprise-facing project today called Symbol.

Symbol is a proof-of-stake blockchain with its own token (XYM) the NEM Group is marketing as an enterprise blockchain solution for fintech, supply chains and everything in between. On Symbol’s public blockchain, PoS validators can stake a supernode with their XYM or stake their tokens in another supernode’s pool.

“We believe we are going to see a lot of flexibility in how people use these private and public networks together. You can think of your private network as something of staging area and platform for public network. We’re excited to see what comes out of that,” NEM Software CTO Kristy-Leigh Minehan told CoinDesk.

The platform will allow business to launch their own private blockchains, which can interoperate with Symbol’s public chain. Additionally, the NEM team told CoinDesk, Symbol will support “atomic swaps” to transfer data and coins between different blockchains.

Atomic swaps are an old cryptographic trick that originated from Bitcoin which allow two blockchains to transfer data (typically, a coin) without the need for an intermediary to escrow the trade.

NEM’s Symbol can accommodate the hot DeFi applications of Ethereum fame and the rest like securities tokens and NFTs, Minehan said, using tokens called mosaics. She said that one Kentucky whiskey company has used these mosaics to tokenize barrels of whiskey that only approved buyers can purchase.

For something like NFTs, Minehan said that the next step is “having a digitization of the underlying asset [like a jpeg] embedded in the transaction itself,” which requires storing a significant amount of data on-chain.

NEM is also generally focused on making Symbol “the platform for tokens out in the space,” she said (emphasis hers), be they NFTs, whiskey barrels, CBDs, or stablecoins, and she emphasize that the team’s focus with Symbol will be trying to bridge the public-private blockchain gap.

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It’s been just revealed that the team behind the New Economy Movement (NEM) blockchain, the NEM Group launches a new business-enterprise-facing project that is called Symbol.

This is a proof-of-stake blockchain with its very own token (XYM), which the NEM Group is marketing as an enterprise blockchain solution for fintech, supply chains and all that there’s in between.

On Symbol’s public blockchain, PoS validators are able to stake a supernode with their XYM; they can also stake their tokens in another supernode pool.

“We believe we are going to see a lot of flexibility in how people use these private and public networks together. You can think of your private network as something of staging area and platform for the public network. We’re excited to see what comes out of that,” NEM Software CTO Kristy-Leigh Minehan told CoinDesk.

— CoinDesk (@CoinDesk) March 15, 2021

The same online publication also notes that the platform will be allowing the business to launch their own private blockchains, and this can interoperate with Symbol’s public chain.

More than that, the NEM team told CoinDesk that Symbol would be supporting atomic swaps in order to transfer data and coins between various blockchains.

The same online publication notes that atomic swaps are an old cryptographic trick that originated from Bitcoin, which allow two blockchains to transfer data without having the need for an intermediary to escrow the trade.

We suggest that you check out more data in the original article posted by CoinDesk in order to learn all the available details.

We have been addressing the need for atomic swaps in the crypto space for a long time.

As we already pointed out more than once, atomic swaps are the viable solution to prevent shutting down XMR.

Even back in 2019, we were highlighting the importance of atomic swaps, revealing that Monero and other privacy coins have to integrate the ability to atomic swap without the need for centralized exchanges.

“Atomic swaps imply the fact that transactions and trading from one currency to another are made are extremely high speeds without the need for validation coming from third parties,” according to previous notes.

The last few days have been very bearish for the majority of the crypto-market, thanks to Bitcoin’s price corrections on the 22nd. Although the world’s largest cryptocurrency has been consolidating over $54,000 since, the same has not been so for the market’s altcoins, with the likes of Chainlink, NEM, and UNI continuing to lose value on price charts.

It is worth noting, though, that if Bitcoin spikes again, the price fortunes of the above alts could change rapidly.

Chainlink [LINK]

Chainlink, the 11th most valuable cryptocurrency according to CoinMarketCap, has been very volatile on the price charts since it reached its all-time high a few weeks ago. In reality, while LINK took pride in travelling independently of Bitcoin for a long time, its movement has recently been dictated by BTC, with the same being the case over the last few days.

When BTC fell, so did Connection, which fell by more than 9% in the last 48 hours. LINK was selling at a pace last seen in the first week of March at the time of publishing.

While the Parabolic SAR’s dotted markers were just above the price candles, emphasising the market’s bearishness, the Awesome Oscillator depicted the market’s momentum slipping into negative territory.

The altcoin’s movements have been aligned with those expected by a recent study, which predicted the Connect will be pushed in one direction soon. Despite the aforementioned corrections, Relation is supposed to turn bullish again due to a number of other factors.

NEM [XEM]

Following a 37.5 percent drop on the anniversary of Black Thursday, XEM’s market activity has been very rangebound on the charts, with the altcoin already a long way from recouping its losses. In fact, the alt seemed to be going in the opposite direction, with XEM dropping by more than 7.5 percent since the 22nd after Bitcoin corrections.

Although the MACD line was entangled with the Signal line, the Chaikin Money Flow was still below zero, despite pointing north.

Uniswap [UNI]

Uniswap [UNI], the crypto-largest market’s DeFi coin, has had a successful few weeks and months, with UNI reaching its all-time high on the charts just under 48 hours ago. UNI, on the other hand, has been in a downtrend since then, driven by the general market’s bearishness. In fact, after reaching an all-time high of $35,88 on the charts, the alt had dropped by nearly 13% as of press time.

The dramatic decline in trade value was followed by an even sharper increase in trading volume.

UNI’s metrics showed some intriguing signals, but they weren’t convincing enough to suggest a pattern turnaround. Although the Bollinger Bands were expanding, indicating any near-term instability, the Relative Strength Index was pointing north, towards the point of equilibrium.

With the arrival of Uniswap V3 on the Ethereum mainnet scheduled in May, UNI’s price activity is likely to benefit as soon as the correction wave passes.

NEM USD (XEM-USD) is currently on bullish momentum. At 02:05 EST on Tuesday, 16 March, NEM USD (XEM-USD) is at $0.39 and up by 8.68% in the last 6 hours.

Over the last six hours, NEM USD (XEM-USD)’s higher value was $0.39 and the lower value was $0.36.

Over the last twelve hours, NEM USD (XEM-USD)’s higher value was $0.39 and the lower value was $0.35.

About NEM USD (XEM-USD)’s daily highs and lows, it’s 18.03% up from its trailing 24-hour low of $0.33 and 0.128% down from its trailing 24-hour high of $0.39.

Concerning NEM USD (XEM-USD)’s yearly highs and lows, it’s 1233.904% up from its 52-week low and 54.982% down from its 52-week high.

NEM USD (XEM-USD)’s last day, last week, and last month’s average volatility was 9.10%, 12.55%, and 9.49%, respectively.

NEM USD (XEM-USD)’s last day, last week, and last month’s high and low average amplitude percentage was 10.06%, 21.72%, and 19.97%, respectively.

According to Business Insider on Sunday, 14 March, "Canada’s Purpose Bitcoin ETF, the first to launch, had 913 million Canadian dollars ($731 million) under management on 11 March.", "Guggenheim disclosed in an SEC filing that its Macro Opportunities Fund held the right to invest up to 10% of its net asset value in Grayscale Bitcoin Trust."

Bitcoin dips from record after scaling $61,000 aided by stimulus. According to Bloomberg Quint on Monday, 15 March, "The lively debate about whether it’s even possible to work out an intrinsic value for Bitcoin as well as the scope for more stimulus-fueled gains continues apace. ", "For instance, the correlation coefficient between Bitcoin and an equal-weighted basket of five stocks which have announced investments in the digital currency — Tesla Inc., MicroStrategy Inc., Square Inc., Meitu Inc. and Aker ASA — has surged to an average of 0.72 this year from 0.26 in 2020."

According to Business Insider on Monday, 15 March, "If doubt about monetary policy, unchecked money printing and continually rising inflation continues to worry both retail and institutional investors, then they will seek alternatives that provide safety, which Bitcoin provides in a unique digital format," Nazarov said."

Retail Bitcoin traders rival wall street buyers as mania builds. According to Bloomberg Quint on Monday, 15 March, "For many retail cryptocurrency traders, Bitcoin was the bread-and-butter trade of the pandemic. ", "The cryptocurrency market’s little guys are going toe-to-toe with the big banks as Bitcoin continues to surge to new highs, data compiled by JPMorgan Chase & Co. suggest."

What’s India’s beef with Bitcoin, really?. According to Bloomberg Quint on Monday, 15 March, "If someone is using a VPN service to access the internet,and not buying or selling Bitcoin using an Indian bank account (but earning and spendingit peer to peer), the prohibitionwon’t be enforceable.", "Nobody is asking New Delhito make Bitcoin legal tender or accept tax payments in it. "

NEM USD (XEM-USD) is currently on bullish momentum. At 20:04 EST on Monday, 15 March, NEM USD (XEM-USD) is at $0.37 and up by 6.01% in the last 6 hours.

Over the last six hours, NEM USD (XEM-USD)’s higher value was $0.38 and the lower value was $0.35.

Over the last twelve hours, NEM USD (XEM-USD)’s higher value was $0.38 and the lower value was $0.35.

In relation to NEM USD (XEM-USD)’s daily highs and lows, it’s 12.788% up from its trailing 24-hour low of $0.33 and 2.053% down from its trailing 24-hour high of $0.38.

In relation to NEM USD (XEM-USD)’s yearly highs and lows, it’s 0% down from its 52-week low and 0% down from its 52-week high.

NEM USD (XEM-USD)’s last day, last week, and last month’s average volatility was 9.10%, 12.55%, and 9.49%, respectively.

NEM USD (XEM-USD)’s last day, last week, and last month’s high and low average amplitude percentage was 10.06%, 21.72%, and 19.97%, respectively.

According to Business Insider on Sunday, 14 March, "Canada’s Purpose Bitcoin ETF, the first to launch, had 913 million Canadian dollars ($731 million) under management on 11 March.", "Guggenheim disclosed in an SEC filing that its Macro Opportunities Fund held the right to invest up to 10% of its net asset value in Grayscale Bitcoin Trust."

Bitcoin dips from record after scaling $61,000 aided by stimulus. According to Bloomberg Quint on Monday, 15 March, "For instance, the correlation coefficient between Bitcoin and an equal-weighted basket of five stocks which have announced investments in the digital currency — Tesla Inc., MicroStrategy Inc., Square Inc., Meitu Inc. and Aker ASA — has surged to an average of 0.72 this year from 0.26 in 2020.", "The lively debate about whether it’s even possible to work out an intrinsic value for Bitcoin as well as the scope for more stimulus-fueled gains continues apace. "

According to Business Insider on Monday, 15 March, "If doubt about monetary policy, unchecked money printing and continually rising inflation continues to worry both retail and institutional investors, then they will seek alternatives that provide safety, which Bitcoin provides in a unique digital format," Nazarov said."

Retail Bitcoin traders rival wall street buyers as mania builds. According to Bloomberg Quint on Monday, 15 March, "For many retail cryptocurrency traders, Bitcoin was the bread-and-butter trade of the pandemic. ", "Meanwhile, institutions have bought about 173,000 of the world’s largest cryptocurrency over that time frame — as gathered by Bitcoin futures, fund flows and company announcements — after buying nearly 307,000 in the last quarter of 2020."

NEM USD (XEM-USD) is currently on bullish momentum. At 09:05 EST on Monday, 22 March, NEM USD (XEM-USD) is at $0.39 and up by 8.2% in the last 12 hours.

Over the last six hours, NEM USD (XEM-USD)’s higher value was $0.39 and the lower value was $0.37.

Over the last twelve hours, NEM USD (XEM-USD)’s higher value was $0.39 and the lower value was $0.36.

Concerning NEM USD (XEM-USD)’s daily highs and lows, it’s 9.194% up from its trailing 24-hour low of $0.36 and 0.795% up from its trailing 24-hour high of $0.39.

Concerning NEM USD (XEM-USD)’s yearly highs and lows, it’s 1084.036% up from its 52-week low and 54.565% down from its 52-week high.

NEM USD (XEM-USD)’s last day, last week, and last month’s current volatility was 1.03%, 4.26%, and 8.94%, respectively.

NEM USD (XEM-USD)’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 7.90% (day), 11.58% (last week), and 19.34% (last month), respectively.

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions,

NEM USD (XEM-USD)’s stock is considered to be oversold (<=20).

Fiat food? Bitcoin big mac index crashes below 10,000 satoshis for the first time ever. According to Coin Telegraph on Friday, 19 March, "At around $60,000, a whole Bitcoin buys a whopping 10,402 Big Macs, says Ecoinometrics, while a single burger sets a Bitcoiner back just 9,614 satoshis.", "Circulated on social media by Preston Pysh, host of The Investor’s Podcast, it shows a peak for MSTR last month before Bitcoin’s continued rise coincided with a broader sell-off among tech stocks, including those with Bitcoin exposure."

SBI crypto's Bitcoin mining pool goes public. According to Coin Telegraph on Friday, 19 March, "It mines three assets, Bitcoin (BTC), Bitcoin Cash (BCH) and Bitcoin SV (BSV), with a revenue measured in dollars per terahash per day of$0.3897,$0.3805and$0.3519respectively.", "SBI Holdings’ multiple cryptocurrency ventures via various subsidiaries to date have included theintroduction of a Bitcoin lending service through its crypto investment subsidiary SBI VC Tradeandacquisition of crypto exchange TaoTao via itsforeign exchange and derivatives arm."

Bitcoin is now ‘too important to ignore’, deutsche bank says. According to Coin Telegraph on Friday, 19 March, "Bitcoin is expected to "remain ultravolatile" in the short term, Deutsche Bank analysts concluded, forecasting a turning point for Bitcoin in the next "two or three years" as a consensus about its future may emerge.", "The firm emphasized that central banks and governments now "understand that Bitcoin and other cryptocurrencies are here to stay" and thus are expected to start regulating them by late 2021."

Supercycle May propel Bitcoin over $1 million, kraken’s dan held says. According to Coin Telegraph on Friday, 19 March, "According to Dan Held, growth lead at Kraken, Bitcoin is currently experiencing a supercycle that could propel it all the way to $1 million.", "Held is also convinced that once Bitcoin will reach its full potential as digital gold, it will challenge governments’ monopoly over money."

Bitcoin price facing final resistance before $68k?. According to Coin Telegraph on Friday, 19 March, "The bearish divergence becomes valid once previous resistance zones turn into resistances once again, but more importantly, once the price of Bitcoin starts to make lower lows."

Bitcoin miners back hash rate derivative defi project on BSC. According to Coin Telegraph on Friday, 19 March, "Tony Ma, CEO of Atlas Mining, commented on the news:"We believe BTCST has connected Bitcoin mining to the DeFi world. ", "The Bitcoin collected from BTCST is then used in a collateral pool that is activated whenever the synthetic asset is trading below its peg. "

Key Bitcoin price metric shows pro traders increased their BTC longs. According to Coin Telegraph on Friday, 19 March, "After marking a $61,750 all-time high on March 13, Bitcoin has been trying to find new support levels. ", "This data corroborates with the exchanges’ long-to-short ratio and displays investors confidence in Bitcoin breaking to a new all-time high in the short-term."

According to Business Insider on Friday, 19 March, "The Purpose Bitcoin ETF was approved in Canada and launched by Purpose Investments in mid-February on the Toronto Stock Exchange. ", "That’s less than half the cost of the popular Grayscale Bitcoin Trust, which charges an annual fee of 2.00% and is now the largest public holder of bitcoin."

Bullishness for Bitcoin continues despite its struggle to reclaim $60,000. According to Coin Telegraph on Friday, 19 March, "According to Steinglass, "it will take a bit of chipping away to break through $60,000 with any kind of authority," but the recent strength displayed by Bitcoin "in the face of stiff macro headwinds" indicates no reason for the bullish momentum to stop.", "Chad Steinglass, head of trading at crypto capital markets firm CrossTower recently discussed the pressures Bitcoin faced at the $60,000 level and pointed out that the top cryptocurrency has faced "at least some resistance at every round number on the way up," and that once a resistance level is surpassed, it then becomes support."

25 best Bitcoin gambling sites and crypto casinos in 2021. According to Business Insider on Sunday, 21 March, "With Ignition having an Unlimited 25% Bitcoin Match Bonusfor every deposit and Bovada having bitcoin bonuses on your first three deposits. "

Bitcoin network's computing power: is it an accurate predictor of BTC price?. According to Coin Telegraph on Sunday, 21 March, "Hash rate refers to the overall computing power involved in validating transactions on the Bitcoin (BTC) blockchain. ", "Most likely, 2017 was an outlier when it comes to BTC price as Bitcoin entered a phase of parabolic price growth. "

Bitcoin price slides 5% after failing to break $60k — here's why. According to Coin Telegraph on Sunday, 21 March, "According to a pseudonymous Bitcoin trader and technical analyst known as "Byzantine General," there has been serious selling pressure on Bitfinex.", "Willy Woo, the prominent on-chain analyst, explained that Bitcoin has a decent chance of not going under $1 trillion market capitalization again."

Bitcoin mining stocks have outperformed BTC by 455% over the past 12 months. According to Coin Telegraph on Monday, 22 March, "Shimron attributed the wild volatility in miner stocks to the lack of regulated crypto investment products in the United States, speculating that "until a Bitcoin ETF is approved, investors may view public mining companies as one of the only ways to get exposure to Bitcoin." "Since the primary source of revenue is Bitcoin, these companies are fundamentally long [on] the industry – so investors are essentially making a ‘picks and shovels’ bet when they invest in miners.", "Despite the top publicly-listed Bitcoin mining firms operating at losses, their share prices have dramatically outperformed BTC over the past 12 months."

Long-term investors continue to hodl despite $1t Bitcoin market cap. According to Coin Telegraph on Monday, 22 March, "The data shows that few long-term investors are tempted to sell their Bitcoin at current price levels, suggesting Bitcoin’s whales are hodling for higher prices and the current bull-trend could have much further to go.", "It has also been reported that around a fifth of all BTC has been lost or stolen, suggesting the actual circulating supply of Bitcoin could be considerably lower, bolstering the scarcity of the asset."

Skybridge capital latest to file Bitcoin ETF application with US SEC. According to Coin Telegraph on Monday, 22 March, "The First Trust SkyBridge ETF Trust is now one of several applications for a Bitcoin ETF that is currently awaiting a verdict from the SEC.", "In the absence of an exchange-traded fund, the lack of regulated investment products offering exposure to the price of Bitcoin appears to be driving U.S.-based investors to speculate on the shares of prominent businesses operating in the digital asset sector."

Exchange reserves plunge to pre-$61k lows: 5 things to watch in Bitcoin this week. According to Coin Telegraph on Monday, 22 March, "Investors may be thirsty for fresh Bitcoin all-time highs, but two network fundamentals are already at or almost hitting new territory of their own.", "Other on-chain indicators nonetheless paint a mixed picture of where exactly Bitcoin is in its bull cycle and how much price upside remains."

Microsoft reportedly polling xbox users about Bitcoin payment option. According to Coin Telegraph on Monday, 22 March, "Microsoft is now asking Xbox users about #Bitcoin pic.twitter.com/TjuY18L5Wh- Documenting Bitcoin (@DocumentingBTC) March 21, 2021", "While it may be open to accepting Bitcoin as payment, Microsoft has no plans to make a bigger move into crypto like Tesla. "

Bitcoin searches in Turkey spike 566% after turkish lira drops 14%. According to Coin Telegraph on Monday, 22 March, "Google searches for Bitcoin (BTC) emanating from Turkey exploded in the past 24 hours, after the value of the Turkish lira dropped 14% following the firing of a central bank governor.", "According to data from Google Trends, the number of searches for Bitcoin spiked 566% in the hours immediately following news of the lira’s demise. "

Bitcoin uptrend not over: big whales aren't selling btc, data shows. According to Coin Telegraph on Monday, 22 March, "Considering that big whales have been accumulating Bitcoin as the cryptocurrency consolidates between $55,000 and $59,000, the bull trend remains intact despite the rising U.S. 10-year Treasury yields.", "According to the data from Santiment, big Bitcoin whales have been mostly accumulating Bitcoin as over 35,000 BTC has left exchanges in the past 30 days. "

NEM USD (XEM-USD) is currently on bearish momentum. At 05:05 EST on Wednesday, 17 March, NEM USD (XEM-USD) is at $0.39 and down by 5.11% in the last 6 hours.

Over the last six hours, NEM USD (XEM-USD)’s higher value was $0.41 and the lower value was $0.39.

Over the last twelve hours, NEM USD (XEM-USD)’s higher value was $0.41 and the lower value was $0.38.

Concerning NEM USD (XEM-USD)’s daily highs and lows, it’s 1.421% up from its trailing 24-hour low of $0.38 and 6% down from its trailing 24-hour high of $0.41.

In relation to NEM USD (XEM-USD)’s yearly highs and lows, it’s 1219.863% up from its 52-week low and 55.455% down from its 52-week high.

NEM USD (XEM-USD)’s last day, last week, and last month’s average volatility was 5.16%, 14.94%, and 9.82%, respectively.

NEM USD (XEM-USD)’s last day, last week, and last month’s high and low average amplitude percentage was 19.32%, 25.25%, and 20.43%, respectively.

According to Business Insider on Sunday, 14 March, "Canada’s Purpose Bitcoin ETF, the first to launch, had 913 million Canadian dollars ($731 million) under management on 11 March.", "Guggenheim disclosed in an SEC filing that its Macro Opportunities Fund held the right to invest up to 10% of its net asset value in Grayscale Bitcoin Trust."

Bitcoin dips from record after scaling $61,000 aided by stimulus. According to Bloomberg Quint on Monday, 15 March, "The fortunes of a range of companies are increasingly tied to the cryptocurrency, from listed Bitcoin miners and brokers to firms that have invested in the token.", "The lively debate about whether it’s even possible to work out an intrinsic value for Bitcoin as well as the scope for more stimulus-fueled gains continues apace. "

According to Business Insider on Monday, 15 March, "If doubt about monetary policy, unchecked money printing and continually rising inflation continues to worry both retail and institutional investors, then they will seek alternatives that provide safety, which Bitcoin provides in a unique digital format," Nazarov said."

Retail Bitcoin traders rival wall street buyers as mania builds. According to Bloomberg Quint on Monday, 15 March, "Meme stock trading volatility burnt many, but Bitcoin has maintained an amazingly bullish trend that has made most winners," said Ed Moya, senior market analyst at Oanda Corp. "Retail traders got reinvigorated with the latest NFT buzz and as the stimulus checks hit their bank accounts.", "Meanwhile, institutions have bought about 173,000 of the world’s largest cryptocurrency over that time frame — as gathered by Bitcoin futures, fund flows and company announcements — after buying nearly 307,000 in the last quarter of 2020."

Buy-the-dip signal? ethereum sees surprise gain vs. Bitcoin despite BTC drop. According to Coin Telegraph on Monday, 15 March, "It could be the case that altcoins are attempting to stabilize against BTC while Bitcoin is paring some of its massive weekend gains. "

Can Bitcoin whale deposits to exchanges actually predict BTC price?. According to Coin Telegraph on Monday, 15 March, "Regarding these wallet transfers, Swift said:"That is not the intention, the intention is simply to trick people into thinking the Bitcoin are about to be sold. ", "For instance, Gemini reportedly saw large BTC deposits before Bitcoin dropped on March 15 to as low as $54,500."

Bullish uptrend intact as Bitcoin futures open interest hits $22.5b. According to Coin Telegraph on Monday, 15 March, "After peaking at $58,300 on Feb. 21, Bitcoin faced a 26% correction over the following week. ", "Those betting that Bitcoin price will reach $65,000 and above will be pleased to know that open interest has been increasing throughout the 71% rally since February. "

Bitcoin now the prize for this sailing event. According to Coin Telegraph on Monday, 15 March, "The Liberty Bitcoin Cup is the prime cup for the Next Generation of World Class Sailors, competing on the Next Generation of High Tech Class Foil Sailing boats," says the Liberty Bitcoin Cup’s website. ", "Crypto industry folks have often compared and contrasted gold and Bitcoin over the years. "

What’s India’s beef with Bitcoin, really?. According to Bloomberg Quint on Monday, 15 March, "If someone is using a VPN service to access the internet,and not buying or selling Bitcoin using an Indian bank account (but earning and spendingit peer to peer), the prohibitionwon’t be enforceable.", "Nobody is asking New Delhito make Bitcoin legal tender or accept tax payments in it. "

Bitcoin bulls take a breather while BTC price slips below $55,000. According to Coin Telegraph on Tuesday, 16 March, "Data from Cointelegraph Markets and TradingView shows that Bitcoin price dropped as low as $54,600 and at the time of writing, buyers have not stepped in to arrest the decline. ", "Despite Monday’s decline, traders are optimistic that BTC will see a rapid recovery and a recent survey estimates that up to 10% of the $400 billion in pandemic relief for U.S. citizcould be used to purchase Bitcoin and stocks."

Long-term investors are hodling, with 95% of Bitcoin trades involving ‘young coins’. According to Coin Telegraph on Tuesday, 16 March, "According to research by on-chain analytics provider, Glassnode, 95% of the Bitcoin changing hands last was last moved less than three months ago on the blockchain.", "Glassnode defines "Long Term Holders," or LTH, as wallets that have held their Bitcoin for more than 155 days, while "Short Term Holders," or STH, are described as wallets that move BTC on-chain within 155 days or receiving coins."

The 'inhospitable to capitalism' US can target those ditching dollar for Bitcoin — ray dalio. According to Coin Telegraph on Tuesday, 16 March, "Respectfully, Bitcoin is the obvious solution, and much more practical than ‘a well-diversified portfolio of non-debt and non-dollar assets’ in ‘Asian emerging…markets.’", "The United States and other countries could "impose prohibitions" on Bitcoin (BTC) as part of "shocking" tax changes, investor Ray Dalio has warned."

Trump's last-minute Bitcoin rule hits the wrong mark. According to Bloomberg Quint on Tuesday, 16 March, "In the waning days of the Trump administration, the Financial Crimes Enforcement Network proposed a rule "aimed at closing anti-money laundering regulatory gaps for convertible virtual currency," held in "unhosted wallets" – that is, cryptocurrencies such as Bitcoin held outside a regulated financial institution. ", "In other words, the economic value of crypto will not be harmed, only the price it commands in dollars.(Full disclosure: I own Bitcoin and other cryptocurrencies.)"

Bitcoin is now worth more than Visa and Mastercard combined. According to Coin Telegraph on Tuesday, 16 March, "That level was previously tipped by analysts as a likely consolidation zone, something that remains the case after Monday’s dip took Bitcoin back below its previous all-time high set in late February.", "As Cointelegraph reported, meanwhile, both Visa and Mastercard are coming to terms with the need to incorporate Bitcoin in their corporate strategies going forward."

Bulls favored ahead of record $6.1b Bitcoin options expiry on March 26. According to Coin Telegraph on Tuesday, 16 March, "Over the past two months, the open interest on Bitcoin options increased by 60% to reach $13.5 billion as the BTC price rose to a new all-time high. "

Bitcoin whale clusters pinpoint 3 levels in the short term to keep the bull trend intact. According to Coin Telegraph on Tuesday, 16 March, "Since Bitcoin is currently hovering above $55,406, this level is considered an important whale cluster support area. ", "According to the data from Whalemap, which tracks Bitcoin whale activity, $55,406 is a critical whale cluster support area."

Altcoins spike to new highs while Bitcoin bulls aim to recapture $57k. According to Coin Telegraph on Tuesday, 16 March, "Data from Cointelegraph Markets and TradingView shows that a wave of early morning selling pushed Bitcoin price to a daily low of $53,167 and while dip buyers did manage to step in, the lack of purchasing volume is keeping BTC pinned in what appears to be a tightening range.BTC/USDT 4-hour chart. ", "Despite the drawdown in both Bitcoin and Ether price, the overall outlook for the cryptocurrency market is bullish as signs of steady mainstream adoption emerge on a daily basis."

Nydig head says major firms will announce Bitcoin ‘milestones’ next week. According to Coin Telegraph on Wednesday, 17 March, "We are on the brink of Bitcoin’s mass adoption, says the CEO of Bitcoin investment firm NYDIG Robby Gutmann.", "Last month, NYDIG submitted paperwork with the United States Securities and Exchange Commission to launch a new Bitcoin (BTC) exchange-traded fund."

Bitcoin. stablecoin. cbdc. who changed my money?. According to Bloomberg Quint on Wednesday, 17 March, "That belief reflected in the 672% rise in the price of Bitcoin since the start of 2020. "

Retail traders buying more Bitcoin than institutions: JPMorgan. According to Coin Telegraph on Wednesday, 17 March, "JPMorgan’s data suggests that retail investors have purchased more than 187,000 Bitcoin this quarter using PayPal and Square.", "S investment bank, JPMorgan Chase, retail traders are flocking to buy Bitcoin from mainstream fintech firms."

Bitcoin mine heat-recycling firm mintgreen closes seed round led by coinshares. According to Coin Telegraph on Wednesday, 17 March, "The first involves selling heat waste generated from Bitcoin mining to the Vancouver Island Sea Salt facility, where the heat being used to boil water and distil salt flakes.", "The companies hope their efforts can change mainstream perceptions of Bitcoin mining as being wasteful and inefficient, with the blog post stating: "We are excited to work with MintGreen, where we will join the board, and the like-minded investors we brought into this deal alongside us to help transform the Bitcoin mining landscape and its image in the mainstream media."

NEM USD (XEM-USD) is currently on bearish momentum. At 18:05 EST on Tuesday, 16 March, NEM USD (XEM-USD) is at $0.38 and down by 6.78% in the last 6 hours.

Over the last six hours, NEM USD (XEM-USD)’s higher value was $0.41 and the lower value was $0.38.

Over the last twelve hours, NEM USD (XEM-USD)’s higher value was $0.41 and the lower value was $0.38.

About NEM USD (XEM-USD)’s daily highs and lows, it’s 6.444% up from its trailing 24-hour low of $0.36 and 6.537% down from its trailing 24-hour high of $0.41.

About NEM USD (XEM-USD)’s yearly highs and lows, it’s 1212.329% up from its 52-week low and 55.71% down from its 52-week high.

NEM USD (XEM-USD)’s last day, last week, and last month’s average volatility was 12.65%, 14.35%, and 9.90%, respectively.

NEM USD (XEM-USD)’s last day, last week, and last month’s high and low average amplitude percentage was 16.51%, 23.18%, and 20.17%, respectively.

According to Business Insider on Sunday, 14 March, "Canada’s Purpose Bitcoin ETF, the first to launch, had 913 million Canadian dollars ($731 million) under management on 11 March.", "Guggenheim disclosed in an SEC filing that its Macro Opportunities Fund held the right to invest up to 10% of its net asset value in Grayscale Bitcoin Trust."

Bitcoin dips from record after scaling $61,000 aided by stimulus. According to Bloomberg Quint on Monday, 15 March, "The lively debate about whether it’s even possible to work out an intrinsic value for Bitcoin as well as the scope for more stimulus-fueled gains continues apace. ", "The fortunes of a range of companies are increasingly tied to the cryptocurrency, from listed Bitcoin miners and brokers to firms that have invested in the token."

According to Business Insider on Monday, 15 March, "If doubt about monetary policy, unchecked money printing and continually rising inflation continues to worry both retail and institutional investors, then they will seek alternatives that provide safety, which Bitcoin provides in a unique digital format," Nazarov said."

Retail Bitcoin traders rival wall street buyers as mania builds. According to Bloomberg Quint on Monday, 15 March, "While far from bulletproof, the stats suggest that flows into Bitcoin are becoming more balanced after institutions dominated late last year. ", "The cryptocurrency market’s little guys are going toe-to-toe with the big banks as Bitcoin continues to surge to new highs, data compiled by JPMorgan Chase & Co. suggest."

Buy-the-dip signal? ethereum sees surprise gain vs. Bitcoin despite BTC drop. According to Coin Telegraph on Monday, 15 March, "It could be the case that altcoins are attempting to stabilize against BTC while Bitcoin is paring some of its massive weekend gains. "

Can Bitcoin whale deposits to exchanges actually predict BTC price?. According to Coin Telegraph on Monday, 15 March, "According to Philip Swift, an analyst and co-founder of Decentrader:"It can be dangerous for traders to put too much weight on the importance of transaction movements between wallets on the Bitcoin blockchain. ", "Particularly, data points such as Bitcoin exchange inflows and outflows and stablecoin inflows are actively used by traders to anticipate where BTC may go next."

Bullish uptrend intact as Bitcoin futures open interest hits $22.5b. According to Coin Telegraph on Monday, 15 March, "The above chart shows the Bitcoin futures basis peaking at 60%, which is usually unsustainable. ", "After peaking at $58,300 on Feb. 21, Bitcoin faced a 26% correction over the following week. "

Bitcoin now the prize for this sailing event. According to Coin Telegraph on Monday, 15 March, "The Liberty Bitcoin Cup hopes to lower the barrier of entry for young people interested in foil sailing competitions, its website explains. ", "Coming on the scene in 2009, Bitcoin does not yet have such a lengthy history behind it, but has gained notable adoption over the past year or so as company allocations to the asset have become more common."

What’s India’s beef with Bitcoin, really?. According to Bloomberg Quint on Monday, 15 March, "If someone is using a VPN service to access the internet,and not buying or selling Bitcoin using an Indian bank account (but earning and spendingit peer to peer), the prohibitionwon’t be enforceable.", "Nobody is asking New Delhito make Bitcoin legal tender or accept tax payments in it. "

Bitcoin bulls take a breather while BTC price slips below $55,000. According to Coin Telegraph on Tuesday, 16 March, "Data from Cointelegraph Markets and TradingView shows that Bitcoin price dropped as low as $54,600 and at the time of writing, buyers have not stepped in to arrest the decline. ", "Despite Monday’s decline, traders are optimistic that BTC will see a rapid recovery and a recent survey estimates that up to 10% of the $400 billion in pandemic relief for U.S. citizcould be used to purchase Bitcoin and stocks."

Long-term investors are hodling, with 95% of Bitcoin trades involving ‘young coins’. According to Coin Telegraph on Tuesday, 16 March, "According to research by on-chain analytics provider, Glassnode, 95% of the Bitcoin changing hands last was last moved less than three months ago on the blockchain.", "Glassnode defines "Long Term Holders," or LTH, as wallets that have held their Bitcoin for more than 155 days, while "Short Term Holders," or STH, are described as wallets that move BTC on-chain within 155 days or receiving coins."

The 'inhospitable to capitalism' US can target those ditching dollar for Bitcoin — ray dalio. According to Coin Telegraph on Tuesday, 16 March, "Respectfully, Bitcoin is the obvious solution, and much more practical than ‘a well-diversified portfolio of non-debt and non-dollar assets’ in ‘Asian emerging…markets.’", "Responding, however, MicroStrategy CEO Michael Saylor said that Bitcoin is the answer."

Trump's last-minute Bitcoin rule hits the wrong mark. According to Bloomberg Quint on Tuesday, 16 March, "In the waning days of the Trump administration, the Financial Crimes Enforcement Network proposed a rule "aimed at closing anti-money laundering regulatory gaps for convertible virtual currency," held in "unhosted wallets" – that is, cryptocurrencies such as Bitcoin held outside a regulated financial institution. ", "In other words, the economic value of crypto will not be harmed, only the price it commands in dollars.(Full disclosure: I own Bitcoin and other cryptocurrencies.)"

Bitcoin is now worth more than Visa and Mastercard combined. According to Coin Telegraph on Tuesday, 16 March, "As Cointelegraph reported, meanwhile, both Visa and Mastercard are coming to terms with the need to incorporate Bitcoin in their corporate strategies going forward.", "Analyzing the market cap data, on-chain analytics resource Ecoinometrics added that as of Saturday, Bitcoin equaled 45% of the gold held in investment vehicles and 10% of the physical gold market as a whole."

Bulls favored ahead of record $6.1b Bitcoin options expiry on March 26. According to Coin Telegraph on Tuesday, 16 March, "Over the past two months, the open interest on Bitcoin options increased by 60% to reach $13.5 billion as the BTC price rose to a new all-time high. "

Bitcoin whale clusters pinpoint 3 levels in the short term to keep the bull trend intact. According to Coin Telegraph on Tuesday, 16 March, "While Bitcoin is battling a crucial support area, BTC/USD isperfectly in linewith the popular Stock-to-Flow (S2F) price model, which puts the year-end target at $100,000.", "Hence, Bitcoin has to remain above it in the short term to avoid a larger drop that may lead to cascading liquidations."

NEM USD (XEM-USD) is currently on bullish momentum. At 13:05 EST on Monday, 15 March, NEM USD (XEM-USD) is at $0.36 and up by 8.53% in the last 12 hours.

Over the last six hours, NEM USD (XEM-USD)’s higher value was $0.37 and the lower value was $0.35.

Over the last twelve hours, NEM USD (XEM-USD)’s higher value was $0.37 and the lower value was $0.33.

In relation to NEM USD (XEM-USD)’s daily highs and lows, it’s 7.576% up from its trailing 24-hour low of $0.33 and 4.054% down from its trailing 24-hour high of $0.37.

Regarding NEM USD (XEM-USD)’s yearly highs and lows, it’s 1115.753% up from its 52-week low and 58.969% down from its 52-week high.

NEM USD (XEM-USD)’s last day, last week, and last month’s average volatility was 9.10%, 12.55%, and 9.49%, respectively.

NEM USD (XEM-USD)’s last day, last week, and last month’s high and low average amplitude percentage was 10.06%, 21.72%, and 19.97%, respectively.

Bitcoin intraday trading pattern emerges as institutions pile in. According to Bloomberg Quint on Friday, 12 March, "Microstrategy Inc., of course, is the company led by Michael Saylor that’s converting its cash into Bitcoin and now holds more than $4 billion of it. ", "China accounts for about 65% of global Bitcoin mining computing power, according to the Bitcoin Electricity Consumption Index compiled by Cambridge University. "

Bitcoin hoard fuels one of the world’s biggest crypto fortunes. According to Bloomberg Quint on Friday, 12 March, "He’s become something of a global Bitcoin ambassador in recent months, appearing regularly on crypto podcasts and YouTube shows advocating for digital-asset investments.", "That is the environment that led us to decide we should consider Bitcoin as a treasury reserve asset."

Bitcoin snaps five-day rally after flirting with record high. According to Bloomberg Quint on Friday, 12 March, "While some say that Bitcoin is a stimulus-fueled bubble likely to burst, industry participants argue that institutional adoption will prevent Bitcoin from plummeting from its highs as was witnessed in 2017-2018."

According to Business Insider on Sunday, 14 March, "Canada’s Purpose Bitcoin ETF, the first to launch, had 913 million Canadian dollars ($731 million) under management on 11 March.", "Guggenheim disclosed in an SEC filing that its Macro Opportunities Fund held the right to invest up to 10% of its net asset value in Grayscale Bitcoin Trust."

Bitcoin dips from record after scaling $61,000 aided by stimulus. According to Bloomberg Quint on Monday, 15 March, "The fortunes of a range of companies are increasingly tied to the cryptocurrency, from listed Bitcoin miners and brokers to firms that have invested in the token.", "For instance, the correlation coefficient between Bitcoin and an equal-weighted basket of five stocks which have announced investments in the digital currency — Tesla Inc., MicroStrategy Inc., Square Inc., Meitu Inc. and Aker ASA — has surged to an average of 0.72 this year from 0.26 in 2020."

According to Business Insider on Monday, 15 March, "If doubt about monetary policy, unchecked money printing and continually rising inflation continues to worry both retail and institutional investors, then they will seek alternatives that provide safety, which Bitcoin provides in a unique digital format," Nazarov said."

Retail Bitcoin traders rival wall street buyers as mania builds. According to Bloomberg Quint on Monday, 15 March, "The cryptocurrency market’s little guys are going toe-to-toe with the big banks as Bitcoin continues to surge to new highs, data compiled by JPMorgan Chase & Co. suggest.", "While far from bulletproof, the stats suggest that flows into Bitcoin are becoming more balanced after institutions dominated late last year. "